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About
Bathurst Region has great business and investment potential. Its idyllic lifestyle attributes are supported by quality infrastructure and key services, which continually attracts new residents and industries.
Economic Diversity
The Index of Economic Diversity measures economic or industrial diversity within a region by determining the degree to which the region's industry mix differs from that of the national economy. When the index value is close to one, the industrial profile of a region mirrors that of the national economy and is considered more diverse.
The index value for Bathurst Region when compared to the national economy is 0.758, which ranks highest of all LGAs comprising the Central West SD. By comparison, the index value for
Employment
The number of employed persons in the Bathurst Region was 18,390 in the December Quarter 2005, an increase of 5.5% from the December Quarter 2004.
The unemployment rate in the Bathurst Region maintained a three year low of 4.0% in the December Quarter 2005, which also remains below the averages for
In 2001, the largest industry employer in Bathurst Region was retail trade (2,454 persons, or 16.2% of the total), followed by manufacturing (12.7%), education (11.5%) and health & community services (10.0%).
In 2001, the average individual weekly income for Bathurst Region was $462.84 per week, below the average for
Construction
The value of non-residential building approvals in Bathurst Region was $2.4 million in the December Quarter 2005, representing a significant quarterly increase of 88.4% and an annual increase of 50.5% from the figure recorded in the December Quarter 2004.
The median sales price for all dwellings in
The median house price index for Bathurst Region in the September Quarter 2005 was 58.8 when compared to
According to the 2001 Census, 37.8% of all dwellings in Bathurst Region were fully owned, 27.9% were being purchased, while 28.0% of dwellings were being rented.
Information sourced from Bathurst City Council website - http://www.Bathurst.nsw.gov.au/